Pine Needle LNG Company, LLC
Original Volume No. 1
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Effective Date: 05/01/1999, Docket: CP96- 52-003, Status: Effective
Original Sheet No. 66 Original Sheet No. 66 : Effective
GENERAL TERMS AND CONDITIONS
19. ELECTRIC POWER COST ADJUSTMENT PROVISION (Continued)
(a) Electric Power Annual Period - The annual period beginning
May 1, 1999 and each annual period thereafter.
(b) Actual Electric Power Costs - The cost incurred by Pine
Needle for electric power used at Pine Needle's LNG plant.
Such actual cost shall include all charges attributable to
any period encompassed by the effectiveness of this Section
19, including all refunds, surcharges, billing adjustments
and interest, positive or negative.
(c) Estimated Electric Power Costs - The projected Electric
Power Costs for the Transmission Electric Power Annual
(d) Estimated Contract Demand - The projected annual contract
demand (including imputed contract demand for appropriate
interruptible storage services) attributable to services to
which Pine Needle allocates or assigns electric power costs.
(e) Deferral Period - The period of 12 months ending 2 months
prior to the effective date of a change in rates filed
pursuant to this Section 19.
19.4 Determination of the Current Electric Power Rate
Pine Needle shall determine the Current Electric Power rate for each
Electric Power Annual Period by the following procedures:
(a) The Estimated Electric Power Costs shall be summed with the
balance accumulated at the end of the Deferral Period in the
Electric Power Deferred Account as determined in accordance
with Section 19.5. Such resulting amount shall be allocated
to or assigned among rate schedules in accordance with the
cost classification and allocation methods and principles in
effect on Pine Needle's system.
(b) The amounts determined in Section 19.4(a) above will be
divided by the Estimated Contract Demand determinants.